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PRIVATE PROPERTY REPORT · Updated Friday 23 October 2026Fri 23 Oct 2026
Aerial view of 49 Portobello Drive, Mermaid Waters QLD 4218
49 Portobello Drive, Mermaid Waters QLD 4218
A living map — drive times, sold comps & your commute

49 Portobello Drive

Mermaid Waters, QLD
921 m² land3 bed2 bath2 car
WHAT RECORDED SALES SAY
The five closest sales this year
25 Karabella Court
Aug 2026 · 210 m · 4 bed · 770 m²
$2,050,000
8 Montego Court
May 2026 · 240 m · 4 bed · 800 m²
$2,640,000
2 Rawlinna Drive
May 2026 · 410 m · 4 bed · 398 m²
$2,775,000
5 Monteclair Court
May 2026 · 420 m · 4 bed · 1034 m²
$2,350,000
21 Barrier Reef Drive
Sep 2026 · 540 m · 4 bed · 918 m²
$2,170,000

Within 540 m, these sales ran from $2,050,000 to $2,775,000. We have no recorded internal floor area for this home, and floor area is the single largest adjustment our tested method makes. Without it we will not put that method’s name to a figure.

Takes one number. No name, email or phone.
Last recorded sale$700,000 · Apr 2002 · held 24 years

When it last sold, the median Mermaid Waters house had sold for $333,500 over the previous 12 months (333 sales). Over the 12 months to Q3 2026: $2,355,000 (133 sales).

Around Portobello Drive

Sold in the last 90 days, nearest first · prices as recorded
25 Karabella Court
SOLD · 10 AUG 2026 · 210 m
25 Karabella Court
$2,050,000
4 bed · 2 bath · 770 m²
SOLD · 24 SEP 2026 · 540 m
21 Barrier Reef Drive$2,170,000
4 bed · 2 bath · 918 m²
SOLD · 5 AUG 2026 · 560 m
9 Pilot Court$2,300,000
4 bed · 2 bath · 666 m²

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For sale near Portobello Drive

What buyers can compare with right now
See all 40 houses for sale in Mermaid Waters

Mermaid Waters in numbers

Median house price, last 12 months
$2,355,000
Median days on market, Oct–Dec
68 days
46 days in Jul–Sep
Houses sold, Jul–Sep
20
Drive from this home
Miami State School 6 min · Robina Town Centre 10 min · Burleigh Beach 13 min · Surfers Paradise 15 min
Source: Fields sales records. Figures as recorded.
FROM WILL SIMPSON · FIELDS REAL ESTATE

The Gold Coast market, explained on camera

Short takes from Will on what the data is showing right now.
Walkthrough · 4 minClearance rates halved in a year